Klarna and Google Pay in new collaboration - BNPL services to millions of American customers

Klarna continues to make waves on the global stage. In a groundbreaking partnership with Google Pay, Klarna is taking a significant step towards further solidifying its position as a leader in flexible payment solutions. Starting next year, Google Pay users in the U.S. will have access to Klarna’s popular BNPL (Buy Now, Pay Later) services – a payment model that has reshaped how consumers shop worldwide.

This collaboration is not only a milestone for Klarna but also a testament to how fintech and tech giants can join forces to revolutionize the consumer experience. Google Pay users will now have the option to select Klarna at checkout, enjoying interest-free installment plans, seamless integration, and streamlined purchase management through the Klarna app.

Sebastian Siemiatkowski, CEO of Klarna, said,

“We’re thrilled to bring our fair, flexible, and interest-free payment options directly to Google Pay users. This announcement moves us closer to our vision of having Klarna available at every checkout, everywhere, for everything, all the time. Together with Google, we’re making it easier than ever for millions of shoppers to choose Klarna, empowering consumers to shop confidently with a smarter, more transparent way to pay right at their fingertips.”

Klarna, som redan har etablerat sig med över 85 miljoner aktiva användare och samarbeten med mer än 600 000 handlare globalt, tar nu ytterligare ett steg mot att befästa sin position som en ledande aktör inom fintech. Genom att konkurrera med etablerade BNPL-leverantörer som Affirm och Zip via Google Pay, visar Klarna sin förmåga att anpassa sig och växa i en snabbt föränderlig marknad.

A shared vision for the future

The partnership strengthens Klarna’s mission to be present at every checkout, worldwide. It also highlights the critical role technological innovation plays in improving consumer experiences. This is not Klarna’s first venture into collaborations of this scale. Earlier this year, the company signed similar agreements with Apple Pay in the U.S. and the UK, partnerships that have already gained significant traction.

For Google Pay, the partnership represents another step toward offering its users even more payment flexibility while enhancing merchants' growth potential.

Drew Olson, Senior Director at Google Pay, said:

"People shop on Google more than a billion times per day, and consumers are increasingly looking for more choice and flexibility when it comes to their payment options. By teaming up with pay-over-time providers like Klarna, we are able to give Google Pay users more payment options when checking out, while providing merchants with another tool to drive growth."

A strategic move for Klarna’s IPO

For a company preparing for an IPO, this agreement is a strategic win. It underscores Klarna’s strength and future potential while bolstering its reputation as a fintech innovator. With high-profile partnerships like this, Klarna demonstrates its ability to compete at the highest level and set new standards in how we shop and pay.

Redefining digital payments

Together, Klarna and Google Pay have the potential to redefine the digital payment landscape. By combining Klarna’s flexibility with Google’s vast reach, they’re creating a solution that meets the needs of both consumers and merchants. This collaboration is not only celebrated within the industry but also by millions of consumers who will now enjoy a smarter, more customizable payment experience.

The future looks bright for Klarna, and this partnership is yet another milestone on its extraordinary journey of success.

About Klarna

Klarna is a Swedish fintech company that provides seamless payment solutions for consumers and merchants. With over 85 million active users and partnerships with more than 600,000 merchants globally, Klarna is a leader in Buy Now, Pay Later (BNPL) services.

About Google Pay

Google Pay is a digital wallet and mobile payment service developed by Google, designed to simplify online and in-store transactions via mobile devices. Trusted by millions of consumers worldwide, Google Pay collaborates with leading financial institutions and merchants to enhance the payment experience.

Source: Klarna Press & Dagens Industri